One Level Stands Between BTC and 67,600Bitcoin / US DollarCOINBASE:BTCUSDinchartswetrustHello, traders! 🌴☀️ In my Friday post, I highlighted the area where 65,500 and the trendline were capping the upside, writing: «That said, there’s one important level to watch. 65,500, which previously acted as solid support, is now serving as resistance and is slowing the recovery. For Bitcoin to resume its move toward 67,600, bulls need to push the price back above 65,500 during today’s U.S. session. If that happens, we could see a strong acceleration to the upside.» 🦬🔪⚰️Unfortunately for the bulls, Friday’s U.S. session brought aggressive selling right from the 65,500 (area I had highlighted with the red arrow in Friday’s analysis), triggering the bearish scenario almost exactly as expected and sending Bitcoin to most of the previously outlined downside targets: «If Bitcoin fails to hold above 65k, momentum is likely to shift back to the bears. In that case, the sell-off could accelerate quickly toward: - 4H EMA 200 🎯✅ - 4H EMA 100 🎯✅ - 64,000 — Local horizontal support 🎯✅» So, what are we seeing today? 🦬🚀 The Asian session started with a strong recovery, pushing Bitcoin back above 65K. As long as the price holds above this level, my primary bullish scenario remains unchanged: «🦬🚀Any consolidation above 65k is simply a pause before another attempt to break through 67,600.» That said, there’s one important level to watch again: 65,500. Last Friday, this level created serious problems for the bulls and triggered the sharp sell-off. 65,500 may cap the upside once again, making it the key level to watch during today’s U.S. session.❗️I’ve marked this critical area❗️with the red arrow on the chart. 🐻🧨 Bearish Scenario (unchanged) «If Bitcoin fails to hold above 65k, momentum is likely to shift back to the bears. In that case, the sell-off could accelerate quickly toward: - 4H EMA 200 - 4H EMA 100 - 64,000 — Local horizontal support - 62,500 — Key support level where Bitcoin has been consolidating since early June.» Peace, everyone 🌄 ⚠️ Disclaimer: All information shared on this channel is for educational and informational purposes only and does not constitute investment advice. The author is not responsible for your trading decisions. Always manage your risk and make your own investment decisions.